Fri, Oct 14, 2022 7:20 PM
Multibagger tyre stock offers almost 4-fold returns in 3 years
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Around 49 companies, including two Adani group companies, are set to announce their quarterly results for Q4FY24 today. Other notable companies' which are also due to release their earnings today include Coal India, Dabur India, Federal Bank, Digicontent, Blue Star, Ajanta Pharma, JBM Auto, Khemani Distributors, KPR Mills, Kretto Syscon, Ksolves India, Aptech among others.
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Nasdaq-listed information technology firm Cognizant Technology Solutions (CTS) posted a fall of 1.1 percent year-on-year (YoY) in revenue to $4.8 billion due to weak discretionary spending by clients. However, the topline was above the higher-end of its guidance range for the quarter, which was earlier forecast to decline to 2.7-1.2 percent.
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Freshworks said on Wednesday that Dennis Woodside will take over as CEO of the CRM software maker, and founder Girish Mathrubootham will be the firm's executive chairman. Shares of the San Mateo, California-based company fell about 21% in extended trading. Woodside joined Freshworks as president in 2022, with a prior professional record.
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